We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?
Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring
Top News
De Beers’ Q2 Production Rises 3% to 9 Million Carats
Gaborone: Releasing its production update for the three months ended June 30, 2018, mining conglomerate Anglo American plc said that De Beers had seen a 3% growth in rough diamond production to 9.0 million carats during this period. Giving further details, De Beers said the rise reflected both production increases to meet stronger demand as well as the contribution from
CIBJO Participating in ECOSOC High-Level Segment
New York: CIBJO President Gaetano Cavalieri is participating in the annual High-Level Segment of the Economic and Social Council (ECOSOC) currently underway in New York, where just prior to the meeting the council’s Secretary General approved and distributed a statement on the jewellery industry’s contribution to the UN development programme that had been submitted by the World Jewellery Confederation. The
SRDC Unveils its New Avatar as IIG
Mumbai: Shri Rajendra Diamond Classes (SRDC), one of India’s premier gemological institutes officially announced its rebranding as IIG (International Institute of Gemology) at a grand ceremony on July 19. To mark this proud milestone, Mr Ramnikbhai Shah, founder of leading diamond manufacturing house Venus Jewel and Mr Arvindbhai Parikh, MD and founding partner of Crystal Diamonds inaugurated IIG’s new institute
GJEPC's Vigilance Helps Unearth Money Laundering
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) thanks the Government of India and DRI for the thorough investigations exposing the Rs. 3,000 crore import scam. As the apex organisation entrusted with the welfare of 6,000-plus members and more than 5 million livelihoods dependent on this industry, we have been taking initiatives time and again to sensitise the government about any irregularities.
HRD Antwerp Opens New Office & Lab in Dubai
Dubai: HRD Antwerp, Europe’s leading authority in diamond and jewellery grading and a subsidiary of the Antwerp World Diamond Centre (AWDC), has officially opened its new office and laboratory in Almas Tower, Jumeirah Lakes Towers,Dubai. The opening took place in the presence of H.E. Mr Rik Van Droogenbroeck, Ambassador of Belgium to the United Arab Emirates, and HRD Antwerp’s executive
Sky Gold & Diamonds Reports 90% Growth in Q2
Mumbai: Sky Gold & Diamonds has reported a big growth in its net profit and revenue for the Q2 of FY27. The Company posted a consolidated net profit of Rs. 127.87 crore in the quarter ended September 2026, registering growth of 90.9% from Rs 66.99 crore in the year-ago period. Q2FY27 and H1FY27 Financial Highlights (Consolidated) (All figures in ₹
Unlocking Digital Gold’s US$ 700bn Opportunity
Las Vegas: The digital gold market, worth US$45–55bn today, could unlock up to US$700bn in latent demand, according to new research from World Gold Council (WGC) and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right conditions. The US$700bn opportunity represents
Construction of India Jewellery Park, Mumbai Begins
Navi Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) yesterday marked a historic milestone in the development of India Jewellery Park Mumbai (IJPM) with the commencement of construction at Mahape, Navi Mumbai. The ceremony marks the transition of this long-cherished industry vision into the construction phase, bringing India’s ambition to establish a world-class, integrated jewellery manufacturing hub a significant
